29/09 Siddharth Bhardwaj
Manager - Talent Acquisition at The Lalit Suri Hospitality Group

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The LaLiT - Financial Controller - CA (10-15 yrs)

Chandigarh/Mumbai Job Code: 852171

Financial Controller - CA - (Hospitality Exp-CA Mandatory)

- Assists and provides financial guidance in the formulation and implementation of Strategic Plan, Budget and KPOs (Goals Program)

- Ensure an up to date cash flow projection is maintained and maximizes cash flow performance of the hotel through controls on inventory, credit and collection, disbursements, deposits and remittances

- Ensure excess cash is managed to maximize earning potential

- Prepares outlooks for forthcoming months and forecasts for the remainder of the year

- Prepares monthly position of actual results against budget, analyse results and recommend to Executive Committee measures required to meet budget

- Prepare consolidated quarterly position assessments for the General Manager

- Distributes outlook and forecast information as an up to date management tool for operating departments

- Implement and review financial controls and policies

- Analyse financial and management reports

- Design internal reporting systems required by the department and hotel

- Evaluate existing internal control measures that apply to accounting procedures and computer systems as per Policies and Procedures

- Employ adequate internal control procedures to ensure correct authorization for payment procedures

- Manage internal and external audits when they occur

- Provides administrative support to Management with reference to policy enforcement, business advice and operational assistance

- Identifies training needs, develops formal training plans and conducts training sessions for accounting and operational staff in coordination with other departments

- Identifies staff with potential for promotion and/or transfer within Accounting operation

- Obtains appropriate legal counsel regarding the business practices of the hotel and maintains an awareness of local laws, rules and regulations

- Provides safekeeping, including proper storage and access for all contracts, leases and other financial records

- Follows up on all capital expenditures to ensure compliance with original justification and approval

- Participates in local recognized professional and industry organizations

- Recommends and maintains appropriate list of delegation of authority for hotel management

- Conducts monthly inspections and tests to ensure all departments are complying with required procedures

- Performs those duties required by the controls checklist issued by CFO

- Reviews prices and recommends pricing strategy to the General Manager

- Implements and maintains acceptable accounting practices and procedures as required, generally accepted accounting practices, and as affected by local conditions

- Review of operating equipment stores to avoid unnecessary/excessive purchases and to eliminate (or at least be aware) of obsolete slow moving items

- Ensure all accounts are reconciled on monthly basis, review and approve those reconciliation

Human Resource Responsibilities :

- Works within the companys Human Resource framework to ensure the departmental performance of staff is productive. Duties include:

- Planning for future staffing needs

- Recruiting in line with company guidelines

- Preparing detailed induction programmes for new staff

- Maintaining a comprehensive, current and guest focused set of departmental standards and procedures and oversees their implementation

- Ensuring training needs analysis of Finance staff is carried out and training programmes are designed and implemented to meet needs

- Conducting probation and formal performance appraisal in line with company guidelines

- Maintaining up to date staff records and approves leave requests etc

- Coaching, counseling and disciplining staff, providing constructive feedback to enhance performance

- Regularly communicating with staff to maintain good relations

- Establish/maintain a succession plan

Occupational Health and Safety Responsibilities :

- Demonstrate Awareness of OH&S policies and procedures and ensure all procedures are conducted safely and within OH&S guidelines and ensure your direct reports do the same

- Be aware of duty of care and adhere to occupational, health and safety legislation, policies and procedures

- Be familiar with property safety, first aid and fire and emergency procedures and enforce these in your areas

- Initiate action to correct a hazardous situation and notify supervisors of potential dangers

- Ensure security incidents and accidents are logged, investigated and rectified to prevent future catastrophes

Key Competencies / Key Tasks :

1. Drive For Results :

- Compete against a standard of excellence by setting high-performance standards and pursuing aggressive goals

- Strive for constant improvements and take responsibility for achieving business results and persevere despite obstacles

2.Courage and Conviction :

- Use your beliefs and values to benefit the success of the business

- Take calculated risks

- Constructively challenge the views and opinions of others and question your own assumptions

- Take on board new ways of thinking

- Take personal ownership for action

3.Understanding the Market :

- Seek knowledge on different aspects of an internal and external marketplace and inquire about underlying aspects of the business

- Gather information from a variety of sources to establish the different facts affecting the business

- Demonstrate an understanding of issues relevant to the business and keep your knowledge up to date including legislative information

4.Strategic Thinking and Innovation :

- Stand back and think about the broader perspective in order to visualize the way forward

- Think about his future and create innovative ideas in order to maximize market opportunities

- Recognize the need for new and modified approaches which will benefit the business

5.Customer Focus :

- Build and maintain positive relationships with all customers and guests in order to exceed their needs

- Take action to address these needs in order to exceed their expectations

- Create a positive hotel image in every interaction with internal and external customers

- Champion hotel brand standards

- Ensure your direct reports have current guest focused standards and procedures which are used effectively for training purposes

6.Understanding People :

- Demonstrate insight into the behavior and interests of individuals and use this knowledge to motivate people

- Understand human behavioral trends in the marketplace and use this to take initiatives

7.Working within Organisations :

- Regularly read to understand the relationships within the business and other organizations such as customers and suppliers and use this knowledge to predict situations and influence outcomes

- Demonstrate a flexible and mature management style and adapt your actions to influence others to achieve results

- Adhere to InterContinental Hotel Group Corporate Code of Conduct

8.Impact and Influence :

- Promote your ideas persuasively, and shape the opinion of subordinates and overcome resistance

- Build consensus for action and negotiate mutually beneficial solutions to problems

9.Leading to Win :

- Inspire your teams to achieve and exceed the overall business objectives

- Communicate a compelling vision and crate enthusiasm and commitment

- Motivate a broad range of people through changing circumstances

10.Building Capacity :

- Recognize and develop the potential of yourself and your direct reports

- Use strengths of others to build organizational capability for the future and recognize the advantage diversity brings

- Identify and develop talented individuals to benefit ICHG

11.Cultural Awareness :

- Understand and consider the global nature of the business

- Work effectively with colleagues from different viewpoints, cultures, and countries

- CA(Mandatory) with 10 - 15 years of post qualification experience in Preparation of annual statements of accounts, cash flows and other MIS Monthly statutory compliance, Filing of quarterly/six monthly returns for TDS/GST, Liaising with Banks etc.

- The candidate should have experience of managing finance function in Hospitality industry.

- Ensuring the adherence by the entire internal department to the defined processes and policies. Additional controller duties as necessary

- Well-developed leadership skills

Women-friendly workplace:

Maternity and Paternity Benefits

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